The darkest and most frightening echoes of the 2008 financial crisis that rocked the global economy were stirred over the past week as mega-bank JP Morgan Chase broke the news of a stunning $2 billion loss in a trading debacle similar to the kind that conspired to wreak the American economy only three-and-a-half years ago. [...]
Posted by Matt Parker at 12:54 pm Tagged with: Bailouts, Banks, Congress, Corporate influence, Deregulation, Derivatives, Dod-Frank, Financial regulation, Jamie Dimon, JP Morgan Chase, Obama, Obama Administration, Republicans, Wall Street

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